Housing Affordability Senate Inquiry Report just released - Comments and submission by Robert Braby, economist

The frenzy of building houses, struggling to keep up with population growth, is not about providing a service, or creating "affordable housing". It's an industry, to make investors happy and produce good returns. Pumping up our population with skilled economic migrants ensures demand remains inflated, as we all need some sort of housing. It's an investor's market, a reflection of the fading mining boom, we now have a housing boom!
The fact that we are producing more and more homelessness is being ignored by governments. They are just the flotsam and jet-some of "economic growth" and lazy economics. Easier to blame dysfunctional human traits, such as drugs, alcohol, domestic violence and poverty, not the whole cause and effect of unaffordable housing. Liberal governments don't have ethics, or social conscience, so it's just about money and profits.

Then Britain’s leading economist, John Maynard Keynes, explained that capitalism could last indefinitely under the new conditions if certain traditional policies of the capitalist governments and central banks were changed.
Government policies based on Keynesian theories and the institution of central banking form a nexus of central economic planning. It's a winner-take-all proposition for businesses. Housing is one of the three pillars of the Australian economy, along with financial institutions and natural resources, but banks are warning that houses in Australia are the most inflated of anywhere in the world.

Various governments sold out to the international central banking cartel long ago, with a variety of short sighted “deals” such as the GST , compulsory superannuation, FIrst home buyers, High immigration, and "free” trade! The models themselves are based on Keynesianism currency, which we are told means that more circulating money = more GDP= A better economy. Central Bankers need to convert every productive asset and home into a ” bank asset” and drain wages and earnings from workers into their clutches. Melbourne and Sydney are set to double in population in the next few years. It's all about promoting and inflating the housing bubble, lending, and our GDP. The fact that infrastructure backlog is blowing out won't be a problem as the people will pay for it!

Australia is under attack from greedy foreign intruders who are rapidly acquiring Australian residential property pricing locals out of the market. Aussie battlers are being pushed to the fringes of our cities while foreign intruders are reaping the benefits of hard working previous generations. The price of housing in Sydney and Melbourne has skyrocketed crushing the dreams and aspirations of young Australian families who are increasingly dispossessed. The new dispossessed or forgotten people will one day be remembered as the ‘stolen generation’ priced out of the market by invading overseas Chinese colonising our suburbs and cities.

The Australian dream of owning a residential home is rapidly becoming a distant memory due to the drastic increase in mass third world immigration coupled with foreign ownership. Housing affordability has become a smashed due to foreign buyers snapping up property at our expense.

In particular Chinese foreign ownership of residential property and assets is pushing the Australian prospective homebuyer to the fringes of society living in compromised living arrangements competing against foreign forces invited here by the policies of the major political parties who ignore the plight and struggles of young families seeking to progress up the economic ladder.

Chinese nationals are Australia’s largest foreign buyers of residential property and farms with recent figures showing over 20% of new residential property in NSW and Victoria sold to foreign nationals but contrary to the lies perpetrated by real estate agents (pimps) and government officials, they’re not just buying expensive properties. New figures reveal that around 70% of all sales to foreign buyers were below the $1 million mark.

Demography is destiny, and with the full support of the major parties, Australia is undergoing a drastic demographic change. Traditional Australians are becoming strangers in their own land with many of our suburbs being turned into third world ghettoes riddled with crime, social friction and impending real estate bubble collapse. Current trends indicate Australians will become a minority in their own land within the next 30 years if present invasion figures continue.

Party for Freedom is a grassroots patriotic political party that represents the forgotten people. We need your support on the 30th May in sending a strong message to the Chinese government and Chinese nationals that their residential property purchases (ownership) in Australia is not welcome.

Pls. bring Aussie flags, and placards expressing your opposition to Chinese nationals raiding the local residential property market.

Where: Chinese Consulate,
39 Dunblane Street, Camperdown

Date: Saturday 30th May 2015

Time: 12 noon to 2pm

'I do hope our housing prices are increasing': Tony Abbott quizzed on housing bubble.

Prime Minister Tony Abbott has welcomed increasing house prices in Sydney on the same day the head of Treasury voiced strong concerns about a developing housing bubble in the country's largest city. Wonder how many houses does our Prime Minister have?

"I want housing to be affordable but nevertheless, I also want house prices to be modestly increasing". What hypocrisy! The prices have more than "moderately" increased, and many people are locked out. He wants people to have resources, jobs and houses, but houses are NOT available. We can't go any higher.

“As someone who, along with a bank, owns a house in Sydney, I do hope that our housing prices are increasing,” Mr Abbott told Parliament today.

Labor’s Andrew Giles was among the MPs to slam Mr Abbott’s comments, saying they were “extraordinary”.

Tony Abbott opened his mouth in without controlling his tongue, and now we know his real agenda of protecting his own interests and that of the super-wealthy investors.

Without any real economic activities except for inflating house prices, our nation is becoming divided by the capital owners and those struggling with cuts to public funds, and falling into a hole of deprivation and poverty.

Abbott should walk down the street and see the homeless and distitute.

Appendix: Ostensible mainstream media indignation against Tony Abott

'I do hope our housing prices are increasing': Tony Abbott quizzed on housing bubble (1/6/15) | SMH

Analysis: Sydney housing bubble threat presents challenges for Government, Reserve Bank (1/6/15) | ABC News

Housing affordability: The comment that shows that Tony Abbott doesn’t get it (1/6/15) | SMH

Tony Abbott wants house prices to keep rising, contradicts RBA and Treasury who warn of a bubble (1/6/15) |SMH